Blackouts and soaring prices: Pakistan’s economy is on the brink
By Sophia Saifi and Julia Horowitz, CNN Muhammad Radaqat, a 27-year-old greengrocer, is worried. He doesn’t know how much an onion will cost…
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By Sophia Saifi and Julia Horowitz, CNN Muhammad Radaqat, a 27-year-old greengrocer, is worried. He doesn’t know how much an onion will cost…
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By Clare Duffy and Nicole Goodkind, CNN Thursday afternoon will round out what has so far been a sobering earnings season for the Big Tech giants.…
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By Jordan Valinsky, CNN Subway says it had a record-setting year for sales in 2022, bolstered by a major menu revamp and store renovations. The…
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By Sophia Saifi and Julia Horowitz, CNN Muhammad Radaqat, a 27-year-old greengrocer, is worried. He doesn’t know how much an onion will cost…
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By Olesya Dmitracova, CNN Europe’s two largest central banks raised interest rates sharply on Thursday, opting for bigger increases than the US…
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By Alicia Wallace, CNN A week that has been chock-full of economic data will be capped off Friday with the first US jobs report of 2023. Economists…
Continue ReadingBy Hilary Whiteman, CNN The discovery of a tiny lost radioactive capsule beside a remote highway in Western Australia raises many questions —…
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By Michelle Toh and Hanna Ziady, CNN Shell made a record profit of almost $40 billion in 2022, more than double what it raked in the previous year…
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By Laura He, CNN China is set to make market-oriented changes to the way initial public offerings are approved, as it tries to reset the economy and…
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By Diksha Madhok and Mark Thompson, CNN Shares in Gautam Adani’s businesses plunged further on Thursday after an attempt by the Indian…
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By Hilary Whiteman and Michelle Toh, CNN Australia’s new $5 banknote will not feature Britain’s King Charles III, but rather a new design…
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By Nectar Gan, CNN Chinese scientists have successfully cloned three “super cows” that can produce an unusually high amount of milk,…
Continue ReadingBy Peter Valdes-Dapena, CNN Bugatti sold its last purely gas-powered supercar at a Paris auction Wednesday for more than $10 million, setting a world…
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By Jeanne Sahadi, CNN Interest rates are higher (again), courtesy of the Federal Reserve, which hiked its benchmark interest rate Wednesday, for the…
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By Jeanne Sahadi, CNN Interest rates are higher (again), courtesy of the Federal Reserve, which hiked its benchmark interest rate Wednesday, for the…
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By Mark Thompson, CNN Indian billionaire Gautam Adani on Wednesday abandoned a deal to raise $2.5 billion from investors after a week-long meltdown…
Continue ReadingBy Jordan Valinsky, CNN It was an all-you-can-eat buffet for a Michigan boy last weekend. Six-year-old Mason Stonehouse was playing on his…
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By Alicia Wallace, CNN Despite the looming threat of recession and the cacophony of mass layoff announcements, US businesses still need workers —…
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By Oliver Darcy, CNN Business The digital media conglomerate BDG, which houses brands such as Elite Daily and Bustle, announced on Wednesday that it…
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By Kara Scannell, CNN Sam Bankman-Fried is in trouble, once again, for talking too much. A federal judge on Wednesday temporarily tightened the FTX…
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By Danielle Wiener-Bronner, CNN Good news: Beyoncé’s Renaissance tour is happening. Bad news: Fans are already gearing up for a difficult time…
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By Hanna Ziady, CNN Stung by the Biden administration’s huge green subsidy program, the European Union unveiled plans for its own “Green…
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By Jordan Valinsky, CNN Business The 154-year-old brand behind Tabasco wants you to put its hot sauce on more than your eggs and avocado toast.…
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By Danielle Wiener-Bronner, CNN Gatorade has long been the leader among sports drinks, those brightly colored beverages designed to replenish the…
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By Danielle Wiener-Bronner, CNN Gatorade has long been the leader among sports drinks, those brightly colored beverages designed to replenish the…
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By Nicole Goodkind, CNN Business Investors appear to be preparing for another match-up against their favorite sparring partners at the Federal…
Continue ReadingBy Jordan Valinsky, CNN It was an all-you-can-eat buffet for a Michigan boy last weekend. Six-year-old Mason Stonehouse was playing on his…
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By Anna Cooban, CNN Europe’s stock markets have beaten Wall Street by the biggest margin in more than three decades over recent months as its…
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By Diksha Madhok, CNN Gautam Adani looks set to cede his position as Asia’s richest man to another Indian billionaire as shares in his business…
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By Chris Isidore, CNN Southwest Airlines’ customers are furious about the company’s Christmas week service meltdown. But fliers may…
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By Jordan Valinsky, CNN Bed Bath and Beyond is closing another 87 stores as the struggling retailer barrels toward bankruptcy. These closures are in…
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By Nicole Goodkind, CNN The Federal Reserve unanimously approved a quarter-point interest rate hike Wednesday, slowing the pace of its increases in a…
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By Donald Judd President Joe Biden announced new progress Wednesday on his administration’s “competition agenda,” specifically…
Continue ReadingBy Hilary Whiteman, CNN Authorities scanning a remote Australian highway for a tiny missing radioactive capsule have found it by the roadside, after…
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By Swati Gupta and Rhea Mogul, CNN An Indian court on Tuesday sentenced self-proclaimed spiritual guru Asaram Bapu to life imprisonment on charges of…
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By Hanna Ziady, CNN As many as half a million workers are striking across Britain on Wednesday, closing schools, canceling university lectures and…
Continue ReadingBy Laura He, CNN Three years of strict pandemic controls in China and a real estate crash have drained local government coffers, leaving authorities…
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By Jessie Yeung, CNN Two years ago, cannabidiol was booming in Hong Kong. The compound, known as CBD, was popping up in cafes, restaurants and…
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By Catherine Thorbecke, CNN PayPal said Tuesday it plans to lay off about 2,000 employees, or roughly 7% of its staff, making it the latest tech firm…
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By Jeanne Sahadi, CNN Business In a first-of-its-kind proposal in the United States, some Maryland lawmakers want to subsidize employers that choose…
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By Paul R. La Monica, CNN New year, new attitude on Wall Street. Stocks are off to a strong start in 2023 following last year’s abysmal…
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By Nathaniel Meyersohn, CNN Sneakers designed to feel like running barefoot used to be the hottest phenomenon in exercise. Now, the opposite is true.…
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By Julia Horowitz, CNN One of the main jobs of central banks is to keep prices under control, allowing households and businesses to plan for the…
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By Matt McFarland, CNN Business Tesla confirmed in a public filing released today that the US Department of Justice has requested documents…
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By Paul R. La Monica, CNN Pfizer generated nearly $57 billion in combined sales last year from its Comirnaty Covid-19 vaccine and Paxlovid antiviral…
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By Alicia Wallace, CNN Consumer confidence in the economy continues to waver, despite easing inflation. The Conference Board’s consumer…
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By Anna Bahney, CNN US home prices dropped for the fifth month in a row in November, as rising mortgage rates pushed prospective buyers out of the…
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By Tami Luhby, CNN Employers continued to raise wages during the fourth quarter to attract workers and hold on to existing staff, though the pace of…
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By Jordan Valinsky, CNN Ira “Bob” Born, known as the “Father of Peeps,” died on Sunday. He was 98. Just Born Quality…
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By David Goldman, CNN Former President Donald Trump has sued journalist Bob Woodward for copyright violations, claiming Woodward released audio from…
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